Poland
Polish retail sales ease growth slightly in September
Slowdown mainly related to sales of non-durable goods, while continued expansion, albeit at a slower pace, is generally in line with Poles’ robust consumer spending driven by low unemployment and growing wages.
Czech companies dominate Deloitte CE Tech Fast 50 — but new destinations emerge
Ranking of fastest growing CEE tech companies led by Lithuania’s Voltas IT includes 31 new entrants reflecting hyper rapid pace of tech sector development in the region.
Polish industrial production returns to growth in September
Reading indicates 4.1% y/y GDP growth in third quarter, mainly on private consumption, while weaker construction performance suggests diminished contribution from investments, ING says.
Poland’s core inflation picks up to 2.4% y/y in September
Polish core inflation came in at 2.4% y/y in September, the National Bank of Poland (NBP) said on October 16.
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IMF improves his outlook on Polish growth in 2019
Poland’s economy will expand 4% in 2019, from 5.1% last year, the International Monetary Fund (IMF) said in its latest World Economic Outlook published on October 15.
VIENNEAST COMPASS: How many straws to break a camel’s back? How do illiberal economies attract so much FDI
On October 13, on either side of the Tatras mountains, “illiberal democrats” faced their latest litmus tests. The ruling parties of PiS and Fidesz retain their grip on power, but in both countries foreign investors don't seem to care
CONFERENCE CALL: Decline of the West and rise of the rest
It was 30 years ago that the Berlin Wall came down, ushering in hopes of a united, peaceful and prosperous world. Today the world is unpredictable and moving towards a new division between East and West. How did we get here?
Poland’s PiS win general election but fails to increase its domination
Poland’s ruling party Law and Justice (PiS) won the general election, an exit poll showed on October 13. PiS scooped up 43.6% of the vote that should give it another four years with a clear majority in the lower house of the Polish parliament, the Se
It’s four more years of Law and Justice in Poland but what’s next?
The question everybody is asking themselves ahead of Sunday’s general election in Poland is not who will win it but how big the ruling populists’ margin of victory will be.
M&A deals decline in Central, Southeast and Eastern Europe in 1H19
Fall in volume and value of deals revealed in CMS/Mergermarket report is in line with decline seen across Europe as economic slowdown, Brexit uncertainty and global trade wars hit sentiment.
Polish MEP Robert Biedron reportedly saves man and his 2-year-old son from a burning car
Dramatic rescue by the first openly gay politician to win a parliament seat in Poland might just give the left-wing Lewica coalition some extra points in the general election on October 13.
Pan-European wave of consolidation threatens to ground small Central, Southeast European airlines
Slovenian national carrier Adria Airways's decision to file for bankruptcy followed the demises of a series of other European airlines against the underlying trend of an air transport market in the throes of consolidation.
ECJ rules in favour of Polish borrowers in Swiss franc mortgage case
The ruling by the EU’s top court will allow mortgage borrowers to ask Polish courts to convert their loans into the local currency, and is expected to lead to more borrowers taking legal action against banks.
Poland cannot afford climate neutrality goal in 2050 minister says
Poland’s energy sector would need €300bn-€400bn for transformation towards carbon-neutrality while the price tag for the entire Polish economy to meet the EU’s climate ambitions could be €700bn-€900bn, Energy Minister Krzysztof Tchorzewski said.
VIENNEAST COMPASS: Hungary punching above its weight in regional SEE politics
The incoming president of the European Commission, Ursula von der Leyen, took an unexpected decision of nominating Hungarian Laszlo Trocsanyi as commissioner for expansion as Hungary increases its influence in the region
Polish retail sales growth falters in August
While below market expectations, the expansion in August is still in line with Poles’ robust consumer spending that is driven by the good situation on the labour market, low unemployment and growing wages in particular.